Mooreland, Woodward County, Oklahoma Property Taxes
Median Mooreland, OK effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Mooreland, OK home value: $103,349
Median annual Mooreland, OK tax bill: $623, $1,777 lower than the national median property tax bill of $2,400.
How are property taxes in Woodward County calculated?
Property taxes in Mooreland, OK are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Mooreland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mooreland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mooreland, Woodward County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$672
$623
Property Tax Rates Across Mooreland, Woodward County, Oklahoma
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
Compare Mooreland’s effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S. Mooreland, located in Woodward County, has a property tax rate that aligns with the state's median rate of 0.65%. This rate is significantly lower than the national median property tax rate of 1.02%, offering homeowners a more affordable tax environment. Oklahoma's property tax rates are among the lowest in the nation, providing a financial advantage for property owners. While the rates are uniform across the state, the affordability in Mooreland can be attributed to the county's budgeting and property value assessments. As a result, property owners in Mooreland can enjoy lower tax bills compared to many other regions in the country.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Mooreland Tax Rate
0.65%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Woodward County Tax Rate
0.75%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mooreland, Woodward County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73852 | 0.36% | 0.49% | 0.65% | 0.86% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Mooreland, Woodward County, Oklahoma
When examining property taxes in Mooreland, Oklahoma, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Woodward County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Woodward County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Mooreland. For example, the median home price in Mooreland is $103,349, with tax bills ranging significantly across the county. Zip code 73852 has the highest median home price at $103,349.
Property Tax Assessment Values Across Mooreland, Woodward County, Oklahoma
Source: Ownwell
$50,630
$98,804
$146,978
Median Mooreland Market Value
$103,349
Median Woodward County Market Value
$96,888
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mooreland, Woodward County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73852 | $40,312 | $64,049 | $103,349 | $151,510 | $225,715 |
Source: Ownwell
Property Tax Bills Across Mooreland, Woodward County, Oklahoma
Property tax bills in Mooreland, located in Woodward County, OK, are calculated based on the assessed value of a property, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. In Mooreland, the median home price is approximately $103,349, with homeowners typically facing property tax bills ranging from $343 at the 25th percentile to $1,653 at the 90th percentile. The median property tax bill in Mooreland is $623, which is significantly lower than the national median of $2,400. This lower tax burden can be advantageous for homeowners, but it also underscores the importance of ensuring that property assessments are accurate to avoid overpayment.
Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners secure fair and accurate tax obligations, ensuring they only pay what they truly owe.
Median Mooreland Tax Bill
$623
Median Woodward County Tax Bill
$683
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Mooreland, Woodward County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73852 | $203 | $343 | $623 | $1,052 | $1,653 |
Source: Ownwell